A new mathematical model for analytical risk assessment and prediction in IT systems
Imed El Fray, Mirosław Kurkowski, Jerzy Pejaś, Witold Maćków · Control and Cybernetics · 2012
Abstract: In this paper, we propose a new formal model to describe risk analysis and measurement process for IT systems. Our model complies with international standards and recommendations for non-profit organisations. The model accounts for solutions used in widely known and recommended risk analysis methods and provides for evaluation of efficacy of these solutions. A simple example illustrates the application of the proposed model for effective risk analysis of any IT system.